Great Wall : The amount of new loans of funds by Great Wall Enterprise Co., Ltd. reaches NT$10 million and reaches 2% of the net worth in its latest financial statement
The amount of new loans of funds by Great Wall
Enterprise Co., Ltd. reaches NT$10 million and reaches
2% of the net worth in its latest financial statement
Date of events
2022/03/25
To which item it meets
paragraph 23
Statement
1.Date of occurrence of the event:2022/03/25
2.Funding recipient name, relationship with lender, lending limit
(thousand NTD), starting outstanding balance (thousand NTD), new loan
(thousand NTD), is it part of a scheduled allocation or revolving limit for
the same recipient that the chairman is authorized by the board of directors
to allocate, outstanding balance (thousand NTD) up to the date of
occurrence, reason for new loan (thousand NTD):
(1)Funding recipient name:May Lan Lei Co., Ltd.
(2)Relationship with lender:A wholly-owned subsidiary
(3)Lending limit:NT$ 4,020,350 thousands
(4)Starting outstanding balance:NT$ 0
(5)New loan:NT$ 1,600,000 thousands
(6)is it part of a scheduled allocation or revolving limit for the same
recipient that the chairman is authorized by the board of directors to
allocate:Yes
(7)Outstanding balance up to the date of occurrence:NT$ 1,600,000 thousands
(8)Reason for new loan:Business operations
3.For collaterals provided by the loan recipient, the content and the value
(thousand NTD):N/A
4.For the latest financial reports of the loan recipient, the capital
(thousand NTD) and the cumulative gains/losses(thousand NTD):
(1)the capital: NT$ 480,000 thousands
(2)the cumulative gains/losses:NT$ 1,324,603 thousands
5.Method of calculation of interest:N/A
6.For repayment, the condition and the date:N/A
7.The amount of monetary loans extended to others as of the date of
occurrence (thousand NTD):1,600,000
8.The total amount of monetary loans extended to others as a percentage of
the public company's net worth on the latest financial statements as of the
date of occurrence:7.96%
9.Sources of funds for the company to extend monetary loans to others:
(1)Great Wall Enterprise Co., Ltd.
(2)Financial Institutions
10.Any other matters that need to be specified:N/A
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Great Wall Enterprise Co. Ltd. published this content on 25 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 March 2022 08:35:08 UTC.
GREAT WALL ENTERPRISE CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of animal feedstuffs and meat products. The Company operates through four segments. Feedstuffs segment manufactures and sells feedstuffs for chicken, duck, pigs, cattle, sheep and fish, among others. Meat Products segment manufactures and sells fresh chicken and its processed products. Bulk Oil Products segment is engaged in the trading of soybean processed products. Consumable Food segment manufactures and sells consumable foods, such as chicken floss, noodles and chicken nuggets, among others. The Company mainly operates businesses in the domestic market.
Great Wall : The amount of new loans of funds by Great Wall Enterprise Co., Ltd. reaches NT$10 million and reaches 2% of the net worth in its latest financial statement